Project & Cost Management

Tower8 is an independent Project and Cost
Management Consultancy

We offer expert advice that is delivered by our experienced team who provide a quality service to clients in the construction and property industry.

Tower8 will provide exceptional Client solutions via our dedicated team of senior professional consultants. Our Clients will receive the best and utmost confidential service to ensure we deliver and exceed our Clients’ Brief and that their projects remain at the forefront of the industry.

The desire for our Clients to succeed is driven by a shared ethos within our business to deliver the best outcome for all our Clients, to develop and maintain long term working relationships and to outperform the competition.

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About Us

Having established a working relationship over the last 12 years and with over 60 years experience, the directors had a shared ambition to set up Tower8.


Toby Wait

Toby has extensive experience of on-site management and robust construction knowledge. Having developed his experience over a number of sectors, he brings a foresight and dimension to any project throughout its life, that has proved successful time and again. Toby is recognised as a leader in the hotel and commercial property industry.

toby.wait@tower8.co.uk

James Morris

James is a project manager with a construction economics background. He has detailed knowledge of the hotel and leisure sectors along with extensive experience of delivering fast track complex commercial projects both in the UK and abroad.

james.morris@tower8.co.uk

Adam Mursal

Adam has widespread experience in construction and project management, providing solutions to unlock complicated  schemes and adding value at every stage. His successful track record has prompted repeat appointments by blue chip companies, developers and investment firms. He is widely recognised as one of the emerging leaders of today's industry.

adam.mursal@tower8.co.uk

Simon Craven

Simon has over 20 years experience providing cost management services to clients on a diverse range of commercial projects and has expert knowledge of residential, hotel and office sectors in the UK and Europe. Simon continues to provide tangible added value to Client organisations throughout the development process.

simon.craven@tower8.co.uk


 

Tower8‘s core team of quality professionals has a well balanced and varied skill base of project management, cost management, project monitoring and acquisition services capabilities.

We employ staff of the highest calibre with a proven track record in delivering successful projects for commercial developers, investors and occupiers.

 

We achieve this by understanding our Clients’ requirements and by focusing on the business objectives for each of our Clients to ensure successful outcomes for every project from inception to completion.

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Our Services

Tower8 offers a range of services to clients including, Project Management, Cost Management, Project Monitoring and Independent Certifier as well as Acquisition Support Services.

Project Management

Where a Client wishes to outsource the management of a construction project, either because of the size and complexity of the project or because of the lack of in-house resources, then Tower8 can act as Project Manager to co-ordinate and control the project or programme of work on the Client’s behalf.

Tower8 will, if required, assemble and manage the consultant team and the construction process from inception to completion including planning, co-ordinating and monitoring progress, programme, cost and quality throughout the design, construction and commissioning process. 

 

 

Project Management Services include:

  • Site Acquisition Assistance and Management
  • Delivery Strategy
  • Stakeholder Reporting and Presentations
  • Programme Management
  • Risk Management
  • Construction Reviews / Audits
  • Design Reviews
  • Supply Chain Management / Procurement
  • F,F & E Coordination and Integration
  • Clerk of Works
  • Quality Management
  • Employer Agent / Contract Administrator

Cost Management

By appreciating the needs of our clients, our knowledge of the market and with our experienced team, Tower8 provides robust cost management leadership on every project.

Tower8 will advise the client as to the feasibility of the project and the appropriate budget to be set taking into account all aspects of the building works. Tower8 will manage the costs in a pro-active way in conjunction with the appointed team and ensure that the correct procurement route is selected to reflect the Clients’ key objectives.

Our expert team all have extensive experience in managing the costs and risks of construction projects and are all highly regarded in their field to ensure that added value is delivered on every job.

 

Cost Management Services include:

  • Feasibility Studies, Cost Modelling and Benchmarking
  • Cost Planning
  • Procurement and Contractual Advice
  • Value Engineering and Risk Management
  • Cost Control, Valuations & Change Management
  • Due Diligence and Acquisition Support
  • Specialist Procurement Services and Supply Chain Management
  • Contract Administration
  • Reinstatement Valuations
  • Project Audit

Project Monitoring & Independent Certifier

In the current market place the service of project monitoring safeguards the interests of investors, occupiers and developers to ensure that the final product delivers as intended on all fronts.

Tower8 regularly act as Project Monitors, Independent Certifiers and Tenant Liaison Managers to ensure that the projects can be handed to the end tenants, with all of the compliant Agreement for Lease documentation, certificates and any other relevant information to enable handover and immediate occupation.

They will act as a conduit between the Developer or the Investor, the delivery team, consultants and any other interested parties, tracking down the necessary information from lease compliance documentation to client sign off to design changes.

 

Additional Services

Tower8 has established formal working relationships with a number of consultants in various specialist sectors who can become involved in projects as required. 

These include:

  • Planning
  • Engineering Services
  • Mechanical Services
  • Architectural Services
  • Interior Design Services

Acquisition Support Services

The acquisition of a real estate asset represents one of the biggest single outlays of capital for clients and it is therefore imperative that all of the key factors are considered whether the objective is to develop for profit or long term occupation and/or ownership.

Tower8 have considerable experience in assisting and co-ordinating this process during the acquisition and feasibility stages. As required, Tower8 will review the strategic objectives for the acquisition against the development parameters such as programme, cost and risk to aid the decision making process and make sure that the correct asset is selected and developed.

The service is also relevant to existing assets where the appropriate development strategy needs to be identified to maximise the return.

 

Aspects of our Acquisition Support Services Scope:

  • Identification of Key Feasibility Factors
  • Phasing Strategy
  • Financial Appraisal
  • Planning Review
  • Legal Title Review
  • Programme Management
  • High Level Risk Review
  • Assessment of Scheme Buildability
  • Delivery Strategy

Testimonials

Tower8 works with many clients across a range of sectors in the construction and property industry. A very high percentage of our work is repeat business. This not only highlights our ability to deliver but also our unique approach to client focus and satisfaction.

  • I have worked with the guys at Tower8 for at least ten years now and the continued growth and successful delivery of our business is testament to all of them and their capabilities.

  • Working with the Tower8 team, we have been able to acquire, grow and optimise the return on our assets. Their knowledge of the market and relationships with the key Individuals has opened doors and presented us with opportunities which otherwise would never have been realised.

  • Tower8 provide some of the most accurate and informed financial advice in the property industry. Their feasibility advice has enabled numerous board approvals and the cost plans which follow have stood up through every project to date.

  • Tower8 continue to deliver some of the best Project & Cost Management advice in the market. They have delivered 1000’s of bedrooms for us and will continue to be our first port of call with any works we undertake to our properties.

  • Having worked with a number of the major PM & QS firms I can say that Tower8 are a cut above. The people who pitch on day 1 are those you will see throughout the project and most importantly they will be there on the day of handover.

  • A great Project and Cost Management firm that delivers every time.


Some of our clients

Amsprop

Berkeley Homes

Bourne Leisure

BridgePoint Ventures

Butlins

Centrica

Citygrove Securities plc

Danescroft

Ediston Properties

Guoman Hotels

Hilton Hotels

Holiday Inn

Intercontinental Hotels

Kew Green

Marriott

MCO Developments

Merlin Entertainment

Muse Developments

Nvidia

Precis Holdings

Premier Inn

Savills

Sellar Property Group

Starwood Captial Group

Terrace Hill

The Lanesborough

Thistle Hotels

Union Hanover

Unite Group

Whitbread


Contact Us

If you would like to discuss your requirements further please contact

James Morris – james.morris@tower8.co.uk

Toby Wait – toby.wait@tower8.co.uk

Simon Craven - simon.craven@tower8.co.uk

Adam Mursal - adam.mursal@tower8.co.uk

Tower8, 90-92 Great Portland Street, London, W1W 7NT

info@tower8.co.uk

020 7323 6809

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